KEB Hana Bank USA Provides $3.88M Loan For Multifamily Properties In Brooklyn | 338 Warwick, 508 Hegeman, 695 Pennsylvania & 1123 Sutter | KEB Hana Bank USA | Moshe Seidenfeld, Ben Schwartz | MultiFamily | Loan

Summary

Loan

NEW YORK

MultiFamily

A multifamily property in Brooklyn has been involved in a recent transaction. The property is located at 338 Warwick, 508 Hegeman, 695 Pennsylvania, and 1123 Sutter. The transaction took place on July 20, 2021.

Summary of transaction details

Property Type: Multifamily
Transaction Amount: $3,880,000
Market: Brooklyn

The loan for this transaction was provided by KEB Hana Bank USA. The loan amount is $3,880,000 with a 5-year term, 30-year amortization, 3.75% interest rate, and 75% loan-to-value ratio.

The brokers involved in this deal are Moshe Seidenfeld and Ben Schwartz from Eastern Union Funding, representing the buyer and seller.

Players

All
3

Agents
2
Lenders
1

Moshe Seidenfeld

Loan Originator

Ben Schwartz

Senior Loan Consultant | Mortgage Broker | Commercial Real Estate

$15.5M Sold

Details

Deal Summary

FINANCED

IMAGE: Ben Schwartz & Moshe Seidenfeld DATE: 07/20/2021 ADDRESS: 338 Warwick, 508 Hegeman, 695 Pennsylvania & 1123 Sutter MARKET: Brooklyn ASSET TYPE: Multifamily LENDER: KEB Hana Bank USA 🇺🇸 BROKERS: Moshe Seidenfeld & Ben Schwartz @EasternUnionFunding LOAN AMOUNT: $3,880,000 LOAN TERMS: 5 Year, 30 Year Amortization, 3.75% Interest, 75% LTV

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Address338 Warwick, 508 Hegeman, 695 Pennsylvania & 1123 Sutter

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